MaKe MoNeY TaLkS OnLiNe

How You Can Easily Monetize Your Site and Give You a Good Residual Income Every Month - For those who are interested in making money from their website, here are some ways to do so:

Advertising

This is very common as wherever you go, you can see banners of advertisements on a lot of websites. Anyone who is interested will be able to get advertisers, even if your website is not that well-known yet.

There are different types of advertising based on the payment scheme. Some of the payment schemes are:

• Pay per impression in which you are paid according to the display frequency of the banner. • Pay per click - you will be paid when the visitors click on the banner • Pay per sale - payment is based on the visitor clicking on the banner and purchase a product or signing up for a service from the advertiser

Selling goods and services

This will turn your website into a commercialized website.



Depending on the type of your website, you may require learning more on accepting payments on your website. If you are selling a product or service with your website, the most widely accepted payment method is via credit card. This method is particularly useful if you are targeting international customers and if there are on-the-spot buyers.

Credit card payment is easy for international customers as it automatically convert different currencies and takes much shorter time compared to cheque payments. There are customers who are interested to buy your products or service immediately during their visit at your website. This prevents them from having second thought if the only payment method is via cheque or bank drafts which is quite length.

There are two ways to accept credit cards on your website:

1. Merchant account - you will have to open a merchant account with a bank. 2. Third party merchant - there are companies offering services of accepting credit card payments on your behalf with certain amount of fees applied.

The setup fee for opening up a merchant account is higher than third party merchants, but the transaction fees paid to the bank is much higher with third party merchant. A third party merchant is more suitable for those who are still in the initial stage of selling products or services. There are risks involved with both ways. Weigh the pros and cons of both ways before you decide on one.

No matter which types of methods you will choose, it is a requirement to get more information before starting to sell any product or choosing advertisers. A mistake may cost your website to be banned or taken down, thus be careful while deciding. If you have chosen a good method, you may be able to earn more money than you expected from your website, even when you are sleeping.
How You Can Easily Monetize Your Site and Give You a Good Residual Income Every Month
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